Support from the IRD and Banks

Covid-19 support

The IRD have advised that if taxpayers are adversely impacted by COVID-19, and they pay the outstanding core tax as soon as practicable that they will automatically write-off any penalties and interest. Support from the IRD: The type of relief available for new debt due to COVID-19 if you are unable […]

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The Resurgence Support Payment – Round 2

resurgence support

A second payment of the Resurgence Support Payment (RSP) has been announced. Applications will open for the second payment at 8am next Friday, 17 September on Inland Revenue’s website, www.ird.govt.nz. The announcement says businesses will need to show a 30% or more drop in revenue in a 7-day period from 8 […]

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The March Wage Subsidy

March 2021 wage subsidy NZ

From 1pm Thursday 4 March you can apply for the March 2021 Wage Subsidy scheme. TO QUALIFY: Your business needs to experience a 40% decline in revenue over a consecutive 14-day period between 28 February and 21 March, compared to a typical 14-day period between 4 January and 14 February 2021 […]

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Covid-19 Support Round Up

Covid 19 support NZ

Auckland is currently in Alert Level 3 until at least midnight Wednesday 17 February, and the rest of NZ is in Level 2, meaning some businesses have to change how they operate. Here is some of the support on offer. WAGE SUBSIDY In the event of a move of Levels 3 […]

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Covid-19 Short-Term Absence Payment

Covid support NZ

The COVID-19 Short-Term Absence Payment is available for businesses, including self-employed people, to help pay your workers who cannot work from home while they wait for a COVID-19 test result. There’s a one-off payment of $350 for each eligible worker while they are staying home waiting for test results. This is […]

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